PG Electroplast Limited’s Board of Directors has approved the appointment of BSR & Co. LLP as the new statutory auditors for the company and its subsidiary, PG Technoplast Private Limited. This decision comes after the completion of tenure for the existing auditors, M/s. S S Kothari Mehta & Co. LLP. The new appointment, subject to shareholder approval, is for a term of five years for both entities.
Board Meeting Highlights Auditor Appointments
In a meeting held on September 04, 2026, the Board of Directors of PG Electroplast Limited (PGEL) made significant decisions regarding the company’s statutory audit. The Board noted the completion of the tenure of the current statutory auditors, M/s. S S Kothari Mehta & Co. LLP. Following the recommendation of the Audit Committee, the Board approved the appointment of BSR & Co. LLP, Chartered Accountants, as the new statutory auditors for PGEL.
Auditor Appointment for Subsidiary
The Board also addressed the statutory audit of its wholly-owned subsidiary, PG Technoplast Private Limited (PGTL). It was noted that the tenure of M/s. M.S. Barmecha & Co. as the existing statutory auditors for PGTL had also concluded. To align the audit functions, the Board approved the appointment of BSR & Co. LLP as the statutory auditors for PGTL as well.
Details of New Appointments
For PG Electroplast Limited, the appointment of BSR & Co. LLP is for a term of five years, commencing from the conclusion of the 24th Annual General Meeting (AGM). For PG Technoplast Private Limited, the appointment of BSR & Co. LLP is also for a term of five years, starting from the conclusion of its 6th Annual General Meeting. Both appointments are subject to the approval of the shareholders of the respective companies.
Appreciation for Outgoing Auditors
The Board of Directors expressed their appreciation for the professional services rendered by both M/s. S S Kothari Mehta & Co. LLP and M/s. M.S. Barmecha & Co. LLP during their tenures as statutory auditors.
AGM and Record Date
The Board also approved the notice for the 24th Annual General Meeting (AGM) of PGEL, scheduled for Tuesday, September 29, 2026, at 02:30 PM, to be held via Video Conferencing (VC) / Other Audio Visual Means (OAVM). The Annual Report for the Financial Year 2025-26 will be circulated along with the AGM notice. Furthermore, a Record Date has been set for Friday, September 18, 2026, to determine shareholder eligibility for dividend and voting on AGM resolutions.
Source: BSE
